BloombergLean L·
Why Did Sustainable Fashion Brand Everlane Sell to Shein?
Chinese fast-fashion brand Shein is known for churning out thousands of youth-friendly styles daily at low prices. Over the past few years, the e-commerce giant has been scrutinized for its environmental impact, as well as its production practices. So why is Shein buying sustainable fashion retailer Everlane, known for its “radical transparency?" Lauren Sherman, fashion correspondent at Puck, joins Stacey Vanek Smith and Max Chafkin to unpack the story behind the acquisition. (Source: Bloomberg)
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